Business News
HDFC Life Systematic Retirement Plan launched. Here are key features
livemint.com - 16 Dec 2021 09:26
HDFC Life Systematic Retirement Plan offers individuals an opportunity to systematically save for a retirement corpus over a period of time and thereafter enjoy a guaranteed lifelong income
Qantas to switch domestic fleet to Airbus in blow to Boeing
BBC - 16 Dec 2021 06:23
The Australian airline also said it expects to make a first half loss of more than $788m.
UK Bans Crypto Ads by Papa John's Pizza, Coinbase, Etoro, Luno, Kraken
Bitcoin.com - 16 Dec 2021 05:30
The U.K. advertising watchdog has banned several cryptocurrency ads, including those by Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno. The authority says the ads are “misleading” and “irresponsibly taking ...
Anti-vaxxers storm a New York Cheesecake Factory in protest that ends in six arrests
Business Insider - 16 Dec 2021 00:51
Those arrested were charged with "criminal trespassing" after the group refused to show proof of vaccination and leave the restaurant.
Gtmhub raises $120M to expand its automatic OKR-tracking platform
Venture Beat - 16 Dec 2021 16:00
Gtmhub, a company developing OKR-tracking software, has raised $120 million in capital, bringing its total raised to over $161 million.
Two major airline CEOs question effectiveness of mask mandates on planes
New York Post - 16 Dec 2021 15:07
Sen. Roger Wicker of Mississippi, the ranking Republican on the Senate Committee on Commerce, Science, and Transportation, raised the question about whether masks should be mandated on aircraft.
The Bank of England just hiked interest rates in a bid to tame decade-high inflation
Business Insider - 16 Dec 2021 15:05
The move made the BoE the first major central bank to hike borrowing costs since the start of the pandemic.
Ory lands $22.5M for zero trust security powered by open source
Venture Beat - 16 Dec 2021 15:00
Ory, which raised a $22.5 million series A, uses open source components to offer zero trust identity security for cloud-native applications.
H&R Block Sues Block, Formerly Square, for Trademark Infringement
Wall Street Journal - 16 Dec 2021 14:42
Square changed its name to Block earlier this month, a nod to CEO Jack Dorsey's blockchain ambitions.
Crypto Update: One of crypto's brightest stars is leaving venture-capital powerhouse Andreessen Horowitz to start her own firm
Market Watch - 16 Dec 2021 06:58
Crypto rock star Katie Haun said she is leaving Andreessen Horowitz to start her own company focused on backing ventures in digital assets and Web 3.0.
Reddit Files for IPO
Wall Street Journal - 16 Dec 2021 06:17
The social media company said in a blog post that it has begun the process for listing with the SEC.
Apple pushes back its return-to-office indefinitely, temporarily closes 3 stores over Omicron variant: reports
Business Insider - 16 Dec 2021 05:07
Apple staff were set to return to the office in February but CEO Tim Cook said they'll now return at a "date yet to be determined."
Water Club owner wants to get rolling on NYC's East River with 'Monte Carlo' casino
New York Post - 16 Dec 2021 02:34
The planned East River casino submitted to the state Gaming Commission is the brainchild of Water Club restaurateur Michael "Buzzy" O'Keeffe and would be located next to the floating eatery off East 30th Street.
Report: Digital transformation guides midmarket strategies
Venture Beat - 16 Dec 2021 00:20
At least a quarter of middle market leaders plan to invest upwards of half a million dollars in five areas over the next one to three years.
How entrepreneurs are using creative ideas and tech to grow in 2022
Fast Company - 16 Dec 2021 00:06
American businesses are rebounding and there are a lot of optimistic signals for small business owners as we head into 2022. Innovation is at the heart of this rebound as new, creative ideas and technologies are connecti...
Lawrence A. Cunningham's Quality Investing: Women and minority directors on company boards add value, but not for the reasons you think
Market Watch - 16 Dec 2021 23:58
Society is better off when its corporate leaders represent a cross-section of society.
Why Multichannel Operators Don't Offer Packages Of Only The Channels You Want
Forbes - 16 Dec 2021 23:57
Research has shown that the average cable/satellite subscriber regularly views less than 15 channels, less than 10% of the number included in their video package.
The World Economic Forum in Davos is still happening, for now.
The New York Times - 16 Dec 2021 23:55
A final decision on whether to cancel the event -- which drew roughly 3,000 people before the pandemic -- will be made by Jan. 6, 10 days before it is scheduled to start.
Following Sexual Assault Allegations Against Actor Chris Noth, Peloton Pulls Mr. Big Ad
AdWeek - 16 Dec 2021 23:50
Sensitive content warning: This article mentions sexual assault. Mr. Big, is in fact, dead--again. Peloton confirmed to Adweek that actor Chris Noth, who plays Mr. Big in the Sex and the City franchise, will no longer ap...
Shaun White Finishes Fourth In Dew Tour Qualifiers To Advance To Sunday's Halfpipe Final
Forbes - 16 Dec 2021 23:45
Sitting in 18th after his first run in the Dew Tour men's snowboard halfpipe qualifiers Thursday, Shaun White stomped his second to improve to fourth (out of 10) and advance to Sunday's final to try to earn crucial Olymp...
Peloton CEO John Foley drops $55M on Hamptons compound as company faces increased scrutiny
New York Post - 16 Dec 2021 23:40
Peloton chief executive John Foley has quietly snatched up a $55 million estate in East Hampton — even as employees of the exercise-bike company fret about their futures as its stock price tanks, The Post has learned. ...
Why Did Netflix Suddenly Drop Subscription Prices In India?
Forbes - 16 Dec 2021 23:38
Streaming service slashes monthly subscription to under $2 for its least-expensive option amidst a fight with cheaper rivals Disney+ Hotstar and Amazon to attract new customers. Will the move help it gain traction in a k...